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Podcast: Beyond Currency
Episode: 08 April 2021 - Sterling running out of steam
Description: "The pound is starting to lack the impetus to challenge the 1.40 level versus the dollar, despite the dollar’s recent correction.
A couple of weeks ago the market had taken on the characteristics that would have been expected from economies that were recovering at different paces, but that has now changed.
The success of the vaccination programme has given more support to the economy than the various support packages delivered by the Chancellor and the Bank of England.
With another stage in the reopening process taking place next week, the short-term prospects for the UK remain sound. Although official bodies ar...